Connect with us

Hi, what are you looking for?

Jewish Business News

Leadership & A-List

Dominique Strauss Kahn’s New Prestige Board Appointments in Russia

Dominique Strauss-Kahn

Dominique Strauss-Kahn

/ By Alan Gallindoss / 

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Dominique Strauss Kahn is putting some his domestic troubles behind him at least with two new Russian board memberships.
The Russian Direct Investment Fund (RDIF) announced last Friday evening that Strauss-Kahn, who headed the International Monetary Fund for four years and was France’s finance minister for two, has been appointed to the supervisory board of the Fund.

The RDIF is a $10 billion fund established by the Russian government to make equity investments primarily in the Russian economy, with Kirill Dmitriev as its CEO. Its investment mandate is to co-invest alongside large global private investment groups, and act as a catalyst for inbound direct investment through successful partnerships.

The fund, which was created in 2011 is a 100% subsidiary of Vnesheconombank (VEB), Russia’s state development bank and will operate according to international best practices of investment governance.
Earlier last week, Dominique Strauss Kahn was also appointed to the supervisory board of the Russian Regional Development Bank, owned by Russian state oil giant Rosneft.
Meanwhile at home Dominique Strauss Kahn faces the prospect of now going to trial on charges of “pimping” for group sex sessions in the French Provincial town of Lille.

Back in June prosecutors had called for the charges against Strauss-Kahn, 64, to be dropped, saying there was insufficient evidence to proceed to trial.
But in a statement Friday, the Lille prosecutors’ office said investigating magistrates had over-ruled them and ordered Strauss-Kahn and other defendants in the case to face trial, though on the lesser charge of “aggravated pimping as part of a group”.

If found guilty the maximum sentence could be up to 10 years in prison and a fine of up to US $2 million.

It was left unclear whether prosecutors would now try to appeal the decision to proceed to trial. In the French legal system, investigating judges can overrule recommendations from prosecutors and force them to take suspects to trial, even when they don’t think they can win.

 

Read More About Dominique Strauss Kahn :

After Two Years In The Dark Dominique Strauss-Kahn Reaches The End Of The Tunnel- To Find A Beautiful Woman Waiting For Him

Dominique Strauss-Kahn Comes Out Of The Cold Into South Sudan

 

 

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.